State Bank of India LAXMINAGAR Branch IFSC Code

SBIN 0020801
State Bank of India Logo State Bank of India
LAXMINAGAR — KARIM NAGAR, ANDHRA PRADESH
MICR: 505002308 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
LAXMINAGAR
IFSC Code
SBIN0020801
MICR Code
505002308
Address
N11SRCMPLEXKALYANNAGARCWRASTALAXMINAGARGDAVARIKANI
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City
KARIM NAGAR
District
KARIM NAGAR
State
ANDHRA PRADESH
Contact
+918728245422

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020801 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code SBIN0020801.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020801.

IFSC Code Structure

S
B
I
N
0
0
2
0
8
0
1
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020801 — Branch code (LAXMINAGAR)

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Frequently Asked Questions

Is SBIN0020801 valid for online transfer?
Yes, SBIN0020801 is a valid IFSC code for State Bank of India LAXMINAGAR branch in KARIM NAGAR, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020801 belong to?
SBIN0020801 belongs to State Bank of India. The first 4 characters "SBIN" identify the bank.
What is the MICR code for this branch?
The MICR code for State Bank of India LAXMINAGAR is 505002308. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020801?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.